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20121001
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CNBC
Oct 1, 2012 3:00pm EDT
what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is taken care of, you can spend more time sharing your passions. wow. [ giggles ] [ male announcer ] with the people who matter most. i love you grandpa! i love you grandma! now you're a real fisherman. [ male announcer ] humana. >>> just before the break, as part of the dividend, we asked which company's stock is the biggest lagger this year? activision blizzard, dell, or staples? now the payoff. dell, which has fallen about 30% year to date. >>> all right. maria, we're waiting for earnings season to again in earnest next week, but already 21 companies have posted results for the third quarter. so we're getting a peek at the way things are coming in. according to key private banks, here how we stand so far. the companies that have reported earnings have seen growth of 7.5% compared to growth of about 9% last quarter. average sales of these 21 companies so far, coming at 1.4% compared to growth of 4.6% back in the second quarter. so we are seeing a slowdown so far,
FOX Business
Oct 1, 2012 3:00pm EDT
, this is a part of obamacare, it starts as of today. centers for medicare and medicaid services as of today going forward infiscal year 2013, about two-thirds of all the hospitals who have patients that rely on medicare for their services are going to get a fine of some sort, and it could be as high as 1% of medicare funds that they receive depending on the number of patients who are readmitted to the hospital for these procedures; heart failure, heart attack and pneumonia. now, there's a 30-day window. if a patient is readmitted within that 30-day period and the rate of readmissions at any particular hospital is greater than the national average -- ashley: right, right. >> constantly fluctuating, then you could see this fine up to 1% this year, 2% next fiscal year, 2014, 3% in 2015. going to save about $290 million according to centers for medicare and medicaid services this year -- ashley: this is like penalizing hospitals who are being readmitted too soon -- >> above the national average. now, the hospitals are saying, look, some of these patients are not following the instructions
CNBC
Oct 1, 2012 4:00pm EDT
well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities. probably if you look at crop insurance or commodity payments in the agriculture, that can add up. smaller areas that's $1 billion. $1 billion here, $1 billion there, it adds up to money. we wanted a menu of thoughtful choices to reduce our deficit and avoid sequestration. >> go through it for us. because, you know, i guess if it were that easy, it would have been a lot simpler getting to the point where we're at. can you talk to us specifics about what you think should be cut? >> sure. that's what we wanted to do in this report. it's more than $100 billion in agriculture, more than $100 billion in energy, and as i said, in agriculture, commodity crop payments, reforming crop insurance. in energy, we'd like to eliminate the entire tight. 17 loan guarantee program which includes the loan guar
Search Results 0 to 2 of about 3